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Studio · 349 sqftO2 Tower JVC, Jumeirah Village Circle (JVC) · 7th floor · completed 2021

707, O2 Tower JVC

Sold prices and rental history: sold once, by the developer in July 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 21 September 2025
Last soldAED 400K7 July 2022
Current rentAED 39K /yr21 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 707, O2 Tower JVC

What is 707 worth today?

Last sold for AED 400,000 in 2022

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21 Sep 2025RentedRenewal
AED 38,500/yr12 months · AED 112 per sqft
21 Sep 2024RentedRenewal
AED 38,500/yr12 months · AED 112 per sqft
21 Sep 2023RentedNew contract
AED 35,000/yr12 months · AED 102 per sqft
24 Oct 2022RentedNew contract
AED 35,000/yr12 months · AED 102 per sqft
7 Jul 2022Sold by developerOff-plan
AED 400,000AED 1,147 per sqft

Source: Dubai Land Department. Updated 21 September 2025.

Key facts

Type
Studio apartment
Size
349 sqft
Floor
7th of 34
Parking
P2-23
Developer
Tiger Properties
Completed
2021
Service charge
AED 5,600 /yr
Last sold
AED 400K · July 2022
Building
O2 Tower JVC

About 707, O2 Tower JVC

707 is a studio of 349 sqft on the 7th floor of O2 Tower JVC, a 34-storey tower in Jumeirah Village Circle (JVC) completed in 2021 by Tiger Properties. The developer sold it on 7 July 2022 for AED 400,000, or AED 1,147 per sqft, 16% above the AED 990 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 21 September 2025, is AED 38,500 a year: a gross yield of 9.6% on the 2022 price, before the service charge of about AED 5,600 a year.

Sales and rents for 707 over time

Sales
Unit 707, each saleTypical studio in O2 Tower JVC
400K500K2018202120242027Typical sale price by year: 2018 AED 398,340; 2019 AED 452,900; 2020 AED 411,151; 2021 AED 395,000; 2022 AED 396,670; 2023 AED 405,000; 2024 AED 477,500; 2025 AED 500,000; 2026 AED 550,000Sold by developer, July 2022: AED 400,000 (AED 1,147 per sqft)

707 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 707, each contractTypical studio in O2 Tower JVC
30K40K2021202320252027Typical rent by year: 2021 AED 30,000; 2022 AED 30,000; 2023 AED 35,000; 2024 AED 40,000; 2025 AED 43,000; 2026 AED 42,000New contract, October 2022: AED 35,000 a yearNew contract, September 2023: AED 35,000 a yearRenewal, September 2024: AED 38,500 a yearRenewal, September 2025: AED 38,500 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in O2 Tower JVC, and where 707 sits

All 162 studios →

707 last sold in July 2022 at AED 1,147 per sqft, 16% above what studios in O2 Tower JVC were fetching at the time (AED 990). Over the last 12 months studios sold for AED 450,000 to 650,000, around AED 1,470 per sqft, and rent for AED 30,000 to 90,000 a year. 707's AED 38,500 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Oct 2026490,000
10 Jul 2026520,000
16 Jun 2026650,000
23 Feb 2026555,000
8 studio sales in the last 12 months

O2 Tower JVC

Building

298 apartments, studios to 1-bed over 34 floors in Jumeirah Village Circle (JVC), completed in 2021 by Tiger Properties. 24 sold in the last 12 months.

Typical price per sqft
AED 992 Up 0.4%
Typical sale
AED 855K
Typical rent
AED 52K /yr
Typical yield
9.2%
O2 Tower JVC, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 7th floor

All 298 units in O2 Tower JVC
Value
701StudioAED 540K · Oct 2025
7021-bedAED 608K · Apr 2022
7031-bedAED 815K · Feb 2024
704StudioAED 528K · Mar 2020
705StudioAED 371K · Sep 2022
706StudioAED 447K · Apr 2018
7081-bedAED 780K · Apr 2022
1–7 of 10

707, O2 Tower JVC in numbers

  • Sold once: by Tiger Properties on 7 July 2022 for AED 400,000, or AED 1,147 per sqft.
  • Rented since October 2022 on 4 Ejari contracts, from AED 35,000 to AED 38,500 a year.
  • At AED 38,500 a year the gross yield on the 2022 price is 9.6%, before a service charge of about AED 5,600 a year (AED 15.94 per sqft).
  • Studios in O2 Tower JVC sold for AED 450,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 992 per sqft.

Source: Dubai Land Department. Updated 21 September 2025.

Questions about 707, O2 Tower JVC

What did unit 707 last sell for?

AED 400,000 on 7 July 2022, sold by the developer: AED 1,147 per sqft for 349 sqft. It is the only registered sale of the unit.

What is the rent for unit 707?

AED 38,500 a year on the contract renewed on 21 September 2025. The previous contract, from September 2024, was AED 38,500; the unit has been rented since October 2022.

How big is unit 707?

349 sqft (32.4 sqm): a studio on the 7th floor of a 34-storey tower completed in 2021.

What is unit 707 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in O2 Tower JVC sold for AED 450,000 to 650,000 in the last 12 months, around AED 1,470 per sqft.

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Mortgage on 707, O2 Tower JVC

Starts from the last sale price (AED 400K, 7 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →